How to take a sell using fib pullback and Rsi ind The second video related to fib pullback and Rsi ind.
It's important to :
1. identify your tend
2. set the trend line
3. use RSI and Fib to take sell trades
Sellsetup
SELL SETUP ON ALGOUSDTAccording to 4Hr Time frame trend the market is Bearish signal on Algo , I am expecting the Target as mentioned in chart. Don't use leverage more than 3X. This is not the financial Idea.
AUDUSD - Trade Setup for Coming WeekHello dear fellows, in coming week We will look for Sell Opportunities in AUDUSD , As we saw last week AUDUSD made a nice Sell Continuation indication.
i will also keep update here when we enter in a Trade , with stop exit Etc .
Trade with Strict Risk Management and this will be not your Last Trade so do not attach to it emotionally!
GBP/USD Sell Trade idea GBP/USD Not looking strong at all in weekly time frame currently moving at a range don't trade at all in that range wait for breakdown and retest the zone than we can plan sell trade if its shows some bearish scene (expecting trend reversal from here target can be good )
GBPUSDHello Dear friends
In higher time frames, we are in an ascending channel. But in the lower time frames we have a bearish signal.
If the current trend is below the range of $1.22296, the possibility of continuation of the downward trend to the green range is strengthened.
We would be happy to hear your comments
LINKUSDTHello Dear friends
In the previous rising trend, the range was completely consumed, but HH it was not formed for us.
Currently, due to the range and negative divergence of the RSI combined with the harmonic pattern, the probability of breaking the upward trend line is high.
Keep in mind that we will be issued a process change confirmation when the orders are fully consumed in the range of $6.92. The condition for continuing the downward trend to the specified range is not to consume orders in the range of $8.228.
We would be happy to hear your comments
LTCUSDTHello dear friends
In the upward trend, the range of $85.2 was not fully consumed and the long-term descending channel was not broken upwards.
Considering these conditions and the signals we have in the lower time frames: if the current trend is below the purple range of $68.26, the possibility of forming a downward trend similar to the drawn scenario is strengthened.
We would be happy to hear your comments
DISNEY - POTENTIAL SHORTDisney was down trending on the 4H timeframe from Nov. 1st to Nov. 9th 22. After a pullback to the .618 fib level, price from the stock began to consolidate and price condensed. Dec 6th price broke out of the consolidation and retested on Dec 13th.
The Price Action of Disney stock is currently creating a Bearish Pennant . If price can break $92 and reject successfully, a short could be profitable.
AVAXUSDTHello Dear friends
We have bullish signals on higher time frames; Like the possibility of completing the bearish wedge pattern at the end of the downtrend, provided that the price range of $11.18 is maintained
But on the 30-minute time frame, we have a tight movement that can be from both the top and the bottom, and the probability of its exit is high. Provided that the range of $15.93 is maintained, there is a high possibility of forming a downward trend in lower time frames, similar to the drawn scenario.
We would be happy to hear your comments
DANGER FOR US30!!!!! BIG SELL OFF APPROACHING! RECESSIONOn this chart you can see major signs of a sell off if you are using the Wyckoff Distribution method. In fact if you pull up BTC in 2021 at its all time high you will see that the chart is IDENTICAL. Listed are the descending lines of supply and the final Buy up line that will complete the rest of the demand the market has to offer. With confluence of the Fed meeting next week, we also see a huge volume divergence where the price has marked up drastically but there has been a mojor decline in volume; this indicates that there are fewer buyers jumping into calls at higher prices (in other words retail traders). Look for US30 to drop well to the previous local bottom and maybe even to pandemic lows.
Sell DAXBearish flag and a turnaround yesterday right on the fib 50 level. Now it's trading around 14300 and the price tested the fib 38.2 level.
I think it will break the flag in the next one or two hours and afterwards move towards the Thursday lows. A break through the support at 14190 will give the price more downside momentum.
My first target is the fib 100% extension at 13990 which lies well at the august highs at 13980. The second target is the fib 161.8% extension at 13745 which is a bit higher than the Nov 8 highs.
Failing soon and amazing chance I was exoecting audusd to failing down after update level of max line and failing to sea
uniif the candle 15min closed under the line or same shape we can open the short position with RR2 if rsi broke 30 it will be more safely
Gold 50 % retracement I see a nice sell setup on Gold for a day trade. So yesterday Gold dropped more than 400pips after taking the weekly high from 10 august 2022. I see a further correction before the bull trend continues as Gold is seasonally bullish from this time of the year. The fib extension is at 50 % and the price just reached 200ema. Which is double confirmation for a short setup.
EURAUD - Trade SetupHello Dear fellows, how are doing . i am fine and looking at charts and especially on euro side . and i might Sell EURAUD or EURGBP in today's session , here is the setup, last day closings were perfect, and looks like it has still the potential to move downside more.
I will keep updating here whether the idea is performing or not or positions adding Etc .
Take Affordable Risk . this is not your Last Trade keep in mind !
Best of Luck !
EURGBP - Trade SetupHello Dear Fellows , how are you , hows going your trading , in todays Trading Session i am not much expecting from any pair , or you can say i am not feeling confident as Currency Pairs are not align yet properly , I chose EURGBP pair for todays trading session as it has room to move further downside and it has good Risk Reward too ,
Anyways , Trade with Strict Risk Management do not excited ever !
Best Of Luck !
( i Keep Updating Trade idea whether its going good or not , so keep your eyes on updates if you are following this idea )
NZDUSD - Trade SetupI also interested in NZDUSD as it perfectly standing at the Lower High formation which is known best for Selling and Sell trend entry point . so lets try this one ,
Trade with Strict Risk Management .
Best of Luck !
CADJPY Potential Selling Opportunity!Hello Traders,
In Today's trading session we will be monitoring CADJPY for a Selling opportunity in and around 104.3 OB zone. Once we get a bearish confirmation the trade will be executed and shared with our premium subscribers!
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GBPJPY shorts I called on last Friday.GBPJPY shorts I called on last Friday. the 2 blue lines below are my layered positions I entered an hour ago.
expecting price rejection from higherThere is you can see price rejection on the chart and it's strong rejection that changed your position into downtrend lets see what will be in the future but my sell order will be from there to next rejection based zone all analys by @Abdullokh
expecting rejection price from the base zone to be dumpif we see there is price rejection was before and second times coming as well from the level oz base zone soon we know what will be SL or TP
GBPCAD Daily Sell OpportunityIts enough to say that GBPCAD will go down into the support line because of divergence from RSI Indicator, Choch confirmation with big red candle
Now, its your job to find the best sell entry
Goodluck Intraday Trader!
XRPUSDTHello Dear friends
We are still below the downtrend line, our $0.235 support area is still intact.
We have a positive RSI divergence on the daily time frame. But we must keep in mind that the momentum of the downward trend is strong.
On the lower time frames, if the range of $0.3733 is consumed, the possibility of forming a downward trend is strengthened up to the range of $0.3416.
But for further correction, I think yellow range orders ($0.5281) are needed.
We would be happy to hear your comments
